6637 Bank Street Ottawa, Ontario K0A 2P0
$1,500,000
EXCEPTIONAL VALUE & OPPORTUNITY! This property offers 5.73 acres of Rural Commercial (RC) zoned land with 167 feet of prime frontage on Bank Street. Currently generating income from 10 residential units (1 x 3-bedroom house and 9 bachelor apartments), all rented below market value. Ideal for adding more units, increasing rental income, operating a business, or utilizing the land for storage. The land value alone presents a solid investment, allowing you to bank on future appreciation. Developers can redevelop while collecting rent during planning stages. Post-offer unit viewings are available. Buyer to conduct due diligence on environmental. Rent rolls and expense statements are available on request. Don’t miss this rare opportunity in a booming rural setting with huge commercial potential! (id:48755)
Property Details
| MLS® Number | 1411087 |
| Property Type | Vacant Land |
| Neigbourhood | Greely |
| Easement | Unknown |
Building
| Utility Water | Drilled Well |
Land
| Access Type | Road Access, Highway Access |
| Acreage | Yes |
| Sewer | Septic System |
| Size Depth | 970 Ft |
| Size Frontage | 167 Ft |
| Size Irregular | 5.73 |
| Size Total | 5.73 Ac |
| Size Total Text | 5.73 Ac |
| Zoning Description | Rc |
https://www.realtor.ca/real-estate/27395245/6637-bank-street-ottawa-greely
Interested?
Contact us for more information
Charles Khouri
Salesperson
www.charleskhouri.com/
www.facebook.com/charleskhouriottawarealestateagent
www.linkedin.com/pub/charles-khouri/53/5b/355
www.twitter.com/Charleskhouri1
1723 Carling Avenue, Suite 1
Ottawa, Ontario K2A 1C8
(613) 725-1171
(613) 725-3323
www.teamrealty.ca
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
November 04 2024 02:12:59
Ottawa Real Estate Board
Royal LePage Team Realty